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    Neoen Signs PPA To Secure Portion Of 412MW Wind Project In South Australia


    August 3, 2022 - Fitch Solutions Sector Intelligence

     

      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      Neoen Signs PPA To Secure Portion Of 412MW Wind Project In South Australia

      • 03 Aug 2022
      • Australia
      • Infrastructure

      News: Flow Power has signed a ten-year power purchase agreement (PPA) with France-based Neoen to secure output from 40MW portion of a 412MW wind farm as part of the USD3bn Goyder Renewables Zone complex in the state of South Australia. The wind power plant will feature 75-units of GE Renewable Energy's 5.5-158 Cypress platform turbines. Construction on the first stage of Goyder South started in January 2022, with completion expected in 2024. The overall complex will include 1.2GW of wind, 600MW solar and 900MW/1.8GWh of energy storage capacity, according to a press release from Neoen.

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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